Most stock holders and employees of the Tribune have received their tender offers to repurchase any or all of their shares in the Tribune company by now.Many of my co-workers will be selling all or a portion of the stock, but I will be holding on to my shares, till the price returns to something of value.
The CEO of Tribune has a goal of bringing the stock up to $50 a share by 2010, so I'm hanging in for the long run.
I would like to hear why this is a good time to sell or hold Tribune Stock?
Eddie
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2 comments:
I think it's a good time to evaluate your portfolio, and look at the mix that's in there.
I know of a conservative broker in Whittier. I also have someone in Pasadena. Neither would charge you to look.
The one piece of advice that I can give you is to understand what's in your portfolio and understand how it's going to work for you. What my husband and I found was the company he worked for tossed all his money into an 'unmanaged fund.' So we're changing the whole thing over to managed funds with the help of a conservative broker in Whittier.
There are a couple of things you might want to read. Frontline PBS ran a great episode called Can you afford to retire? Google it. A whole website will come up devoted to financial information.
Also, Warren Buffett's annual reports are always enlightening. Go to http://berkshirehathaway.com, and download his annual reports.
I don't do html tags anymore. They just never come out!
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